Ann: Appendix 4C - quarterly, page-11

Hank, I have been an AKP holder since 2009. Maybe even before, as my original purchase was with Global Properties. Over the years, I have realised there are three types of shareholders - the day traders who just play with the price. The sincere investors who just wish that the AKP board would behave like BHP and NAB and continue to provide relevant reports on how the company is progressing. The third group are the true believers - those who see (dream) of a totally new technology, and are prepared to take a huge risk in search of a huge return. Vlad is in the second category, I am in the third. I can afford to be relaxed as my buyin average is less than $4, Vlad probably came in a lot later. As for AKP.... it is what it is. Like it or leave it.